RNS Number : 9215R
InterContinental Hotels Group PLC
05 March 2019
 

InterContinental Hotels Group PLC

Person Discharging Managerial Responsibility ("PDMR") Shareholding

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Ranjay Radhakrishnan

2

 

Reason for the notification

 

a)

 

Position/status

 

Chief Human Resources Officer

b)

 

Initial notification /Amendment

 

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

InterContinental Hotels Group PLC

b)

 

LEI

 

2138007ZFQYRUSLU3J98

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

 

 

Ordinary Shares

 

GB00BHJYC057

b)

 

Nature of the transaction

 

 

Grant of a Conditional Award of InterContinental Hotels Group PLC ordinary shares.  The Conditional Award is subject to the terms of the IHG Annual Performance Plan (APP).

 

c)

 

Price(s) and volume(s)

 

 

Rights over a total of 4,703 free shares; the number of shares calculated by reference to a price of GBP 45.71, being the MMQ of the Company's share price for the 3 days preceding the date of grant.

 

The award is conditional and may be forfeited if Ranjay Radhakrishnan ceases employment with the Group before 1 March 2022.

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

As noted in 4c above

 

As noted in 4c above

 

e)

 

Date of the transaction

 

2019-03-01

f)

 

Place of the transaction

 

Outside a trading venue

 


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